Is DG Comp more likely to raise a fine than to lower it?
Morris Schonberg and Ron Knox • Sunday, 21 November 2010 • EU Cartel Survey
Arguments for mitigating circumstances are one of the only possibilities a business has to reduce a fine for cartel activity. If persuaded that a cartelist didn’t have a major role in a price fixing conspiracy, or that the firm acted as a “nuisance” to the cartel, DG Comp has slashed the fine by as much as 75 per cent. But reductions of that scale remain rare.
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